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Kuwait Saudi Arabia top salary increase rate in Gulf |
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Thursday, 20 October 2011 01:01 |
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Kuwait: According to a study by Aon Hewitt - Middle East, Kuwait and Saudi Arabia have topped the GCC countries in terms of salary increase for the current year, with a 5.9% rise each, Kuna has reported. The average increase of salaries for next year in the region is expected at 6.3%, the report said. Egyptian, Yemeni, Jordanian and Lebanese companies occupied the highest rate of salary increase in the private sector where the total estimated increase in salaries in Egypt was 10%, or nearly
double the average increase in the GCC countries and that is an evidence of an increased spending in the private sector of those countries, the data showed. [AMEInfo.com] Read more:
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